Yesterday I’ve sold my LUNA at around +50% profit not because I wanted to but because I hoped into a swing trade. At the beginning I wasn’t happy because I saw the price rising but usually in such situations my TA is correct but just too warly.

LUNA has had a great run and judging from its past performances it’s definitely a crypto I would discourage shorting (or even swinging). However, having seen bearish DIVs forming at 1h and volume lowering candle after candle, after such a massive run I thought it was natural to take a breath and retrace, even for LUNA. After seeing price keeping on pumping I’ve checked also past PA and I’ve noticed that on 4h chart, every time RSI went over 79 there was a dump from 9% to 15% within 8 days.
This reassured me and I hope history will repeat and my new bid will trigger. I’m not gonna say where I’ve placed mine but it’s between 61 and 70.

Today I’m finally seeing LUNA losing steam, I hope tomorrow morning my buy back will have triggered and I hope price not to dump too much lower my rebuy. Finger crossed!

Good luck